NOT LISTED FOR SALE

Estimated Value: $4,980,000 - $8,271,000

4 Beds
5 Baths
5,264 Sq Ft
$1,193/Sq Ft Est. Value

Last Sold May 17, 2012

Last sale price $2,250,000 $427 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $36,019/month

39 Days on Market

Highlights

  • In Ground Pool
  • 20,000 Sq Ft lot
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

As of May 2012

Spanish style estate with a Hollywood pedigree! Howard Hughes called this property home in 1925 just before he moved to his house on Muirfield Road. Located in the highly coveted Hancock Park-Wilshire area, the home is situated on nearly 1/2 acre of prime real estate. The potential is endless for this true diamond in the rough! This special property awaits the right buyer who will restore the home to its original grandeur. Just South of Beverly, across the street from the Wilshire Country Club and a block from the Marlborough School, who could ask for a better location! Please contact our office for more information. Thank you for showing, we look forward to working with you. Please note that ALL CONTRACTS/OFFERS ARE SUBJECT TO ONEWEST SENIOR MANAGEMENT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY ONEWEST ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES. - UPDATED INFORMATION - PLEASE SEE PRIVATE REMARKS!

Last Agent to Sell the Property

Cesar Reinoso

Reinoso Properties License #01117316 Listed on: 12/05/2011

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,027

Year Built

  • Built in 1923

Lot Details

  • 0.46 Acre Lot
  • Property is zoned LARE11

Parking

  • Detached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 5,264 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Additional Features

  • In Ground Pool
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5515-011-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,027

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 5264
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Dining Room: 1
  • Family Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 411.09

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • View: No

Garage/Parking

  • Parking Garage: Detached

Utilities

  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5515-011-024
  • Lot Size Area: 20000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2021
Sold by
Lee Steven and Baik Jennifer J
Bought by
Baik Jennifer J
Current Estimated Value
$6,277,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,764,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2018
Sold by
Baik Jennifer J
Bought by
Jay One Lp

Purchase Details

Closed on
Jul 20, 2017
Sold by
Lee Steven K
Bought by
Balk Jennifer J

Purchase Details

Closed on
Aug 5, 2016
Sold by
Baik Jennifer J
Bought by
Lee Steven K and Baik Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,970,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2016
Sold by
Lee Steven K
Bought by
Baik Jennifer J

Purchase Details

Closed on
Jan 20, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Lee Steven K and Baik Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2010
Sold by
Barrett Christopher and Schedeen Luanne R
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baik Jennifer J -- Nationallink
Baik Jennifer J -- Nationallink
Jay One Lp -- Accommodation
Balk Jennifer J -- Accommodation
Lee Steven K -- Provident Title Company
Baik Jennifer J -- None Available
Lee Steven K $2,250,000 Lsi Title Company
Deutsche Bank National Trust Company $2,400,304 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baik Jennifer J $1,764,000
Previous Owner Baik Jennifer J $0
Previous Owner Lee Steven K $1,970,000
Previous Owner Lee Steven K $1,687,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2012 05/17/12 Sold $2,250,000 +4.0% $427 / Sq Ft
01/13/2012 01/13/12 Pending -- -- --
12/05/2011 12/05/11 For Sale $2,164,000 -- $411 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,027 $2,826,117 $2,260,898 $565,219
2024 $34,027 $2,770,704 $2,216,567 $554,137
2023 $33,371 $2,716,377 $2,173,105 $543,272
2022 $31,825 $2,663,116 $2,130,496 $532,620
2021 $31,426 $2,610,899 $2,088,722 $522,177
2020 $31,750 $4,255,236 $3,329,280 $925,956
2019 $30,405 $2,533,460 $2,026,770 $506,690
2018 $30,193 $2,483,785 $1,987,030 $496,755
2016 $28,861 $2,387,338 $1,909,872 $477,466
2015 $28,437 $2,351,479 $1,881,184 $470,295
2014 $28,521 $2,305,418 $1,844,335 $461,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 11-569779

The MLS

APN: 5515-011-024